Difference between revisions of "Monopoly, Oligopoly, Market Power and AntiTrust"

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[[Category:Libertarian Blind Spots]]
 
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[[Category:Capitalism]]
 
{{DES | des = Capitalists unendingly seek monopoly and oligopoly as routes to the highest possible profits.  Both are inefficient according to ordinary microeconomics.  This is a huge, measurable cost.  Capitalists cannot self-regulate this problem away: government must.  See also [[Market Power]]. | show=}}
 
{{DES | des = Capitalists unendingly seek monopoly and oligopoly as routes to the highest possible profits.  Both are inefficient according to ordinary microeconomics.  This is a huge, measurable cost.  Capitalists cannot self-regulate this problem away: government must.  See also [[Market Power]]. | show=}}
 
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Revision as of 16:15, 11 February 2014